Even after Bitcoin has lost its undisputed dominance, it remains the largest cryptocurrency, with a market capitalization that fluctuated between $$ billion in , owing in large part to the ubiquitousness of platforms that provide use-cases for BTC: wallets, exchanges, payment services, online games and . Also known as BTC Dominance for Bitcoin Dominance, it is an index that compares the market capitalization of Bitcoin with the overall market cap of all other cryptocurrencies in existence. Nov 09, · Let's imagine that the total market cap of all cryptocurrencies currently stands at $ billion. If Bitcoin's market cap represented $60 billion of this, Bitcoin's dominance would stand at 60%.
Coin market cap bitcoin dominanceCrypto Market Cap and Dominance Charts — TradingView
We calculate the total cryptocurrency volume by adding together the volume expressed in USD from all of the pairs on all of the exchanges listed on CoinCodex. The total volume shows us the activity of the cryptocurrency market — usually, trading volumes soar during large price swings as traders seek to capitalize on big price movements. Total Market Cap. Total Volume. Bitcoin Dominance. Gainers vs. Search all Date Range. November December Linear Log.
Absolute Relative. Overlapping Stacked. BTC Dominance. But don't be discouraged, as long as your alt coins keep going up against the dollar, you are winning BTC dominance is at supply zone, previously many times it rejected frm same zone.
Anyone that holds the majority of their cryptocurrency portfolio in Alts ought to be looking at this chart. Not even going to do any analysis, the result is already in. At this point, it could be the bottom for Alts, but it is hard to hold on to almost anything but BTC knowing that your investment performance is being slowly eaten away.
This is partly to do with Hello, traders! Bitcoin's dominance has tested the Bitcoin absorbed all the liquidity of the market during its rally. Christmas holidays are coming and traders in the stock market prefer to fix their positions. In case if big players are fixing positions on BTC, the nearest support level is at the price values of Bitcoin dominance touched On the weekly chart, Bitcoin Dominance completed the Elliott wave pattern and now the ABC correction wave is going on.
The B wave is completed with a Some Elliott Wave for you. I believe we'll begin to see a significant pullback here now, which will result in the strengthening of the altcoins in Q1 Inversely i've linked a chart to Altcoin dominance below which has just seen a third touch on a long term monthly trend line which gives me added confluence for